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. it is tax hikes on every household. today california leaders said the voters have spoken, but it is not clear if lawmakers can return to washington and work together. congresswoman nancy pelosi spent the day mixing and mingling at the presidio. but fixing the country's finances was on her mind. >> we have a deficit we have to deal with. we have to do it with growth and the creation of jobs. we have to do it with cuts. we all know that, but we have t.o. do it with revenue. >> reporter: she will be returning to capitol hill pushing a deal backed by barack obama. that will include tax hikes on wealthier households. republicans who still control the u.s. house of representatives have started to dig in. >> raising tax rates will slow down our ability to crow 80 the jobs everybody wants. >> reporter: what are the consequences if law i can makers cannot make a deal. >> the fiscal clip is very bad if it happens. it means we could have a huge recession next year. >> reporter: if scheduled budget cuts are imposed an estimated 400 government jobs could be slashed and about 400,000 j
. but now phoenix, arizona, is jumping into the fray, trying to bring california businesses to their city. sergio quintana is live in san francisco with a look at what is happening. reporter: well, san francisco recently celebrated turning twitter into one of its newest corporate residents, and then recently -- actually in the last year, the bay area as a whole has been having a very good year. in fact one of the strongest economies in the country. but when california voters this week passed proposition 30, that's when phoenix business leaders decided, now is a great time to start searching for ceos to steal away. >> on election night, governor jerry brun celebrated the passage of proposition 30. 54% of voters decided to raise income taxes on the state's top earners and agreed to a hike in sales tax. >> we think the recent tax package that was passed that really targets what we call high performers or producers from an economic perspective, is going to start to dislodge the serial ceo management talent in places like silicon valley. >> in a bid turn that into an opportunity, the greater p
recover. >> how northern california residents are lending a hand to help those in need on the east coast, a >> ama: good evening, i'm ama daetz in tonight's headlines, an art teacher in livermore has been arrested for indecent exposure. police say he was spotted exposing himself in car on halloween while trying to lure young trick-or-treaters. >> a firefighter sudden a back injury in richmond. the fire began in a rear storage area of a commercial building where an aa meeting was being conducted. >> a dredging crew in san rafael is getting credit for keeping a deck fire from getting out of hand. they used the excavator to pull the dredge close enough to use its fire hose on the flames. >> a san francisco family came home and found a dead man upstairs. police say he was burglar and was trying to get out of the house. he apparently stepped on a broken sink or toilet, fell and died. >> more than 2.6 million customers on the east coast remain without power tonight. it's been five days since sandy hit in manhattan, lights are back on. however, the other for rowes remain in the dark. the storm
in california. >> mike: okay. the college football, stanford wrapped up the pac-12 title game, beating ucla in southern cal and as usual it was the stepfan taylor show. you won't b >> mike: well, stanford had to beat ucla today in the season finale to advance to the pac-12 title game next week against, ucla. cardinal on the move early, 11 plays, 5-yard, kevin hogan with time, finds receiver drew terrell wide open in the end zone. 7 or in a flash. ucla freshman hundredley -- hundley with the pass. game time. stanford, showing off the wildcat. anthony takes the snap. runs it up the gut. 14-7 cardinal. next trierks stepfan taylor breaks through, this time to the open field. no one catches him. sets a school record with his 21st 100-yard game. third quarter, hundley, picked we richards. 22nd straight game with a turnover for stanford's defense. fourth longest streak in the nation. look at this catch, had to squeeze it on his helmet. 142 yards on 20 carries in three quarters. stanford wins 35-17. taking the pac-12 north division, they'll face ucla on friday for the pac-12 championship. >> take i
Search Results 0 to 3 of about 4